Advent (Cobham Ultra) acquisition of Ultra Electronics
Advent's Cobham Ultra took UK-listed Ultra Electronics private after UK national security undertakings.
- Company
- Ultra Electronics
- Type
- M&A
- Status
- Completed
- Date
- 1 Aug 2022
- Value
- £2.58bn
- US$ equivalent
- US$3.2bn
- Value basis
- About £2.58bn
- Region
- UK
- Segment
- Defence electronics
Parties
- Cobham Ultra (Advent International) buyer
- Ultra Electronics shareholders seller
Key terms
- Price
- about £2.58bn
Sources
- Aviation Week: Cobham and Ultra Electronics finalise takeover aviationweek.com · Aug 2021
- Law360: Cobham seals £2.6B purchase of defense company after court OK law360.com · Aug 2022
Record DEF-INV-2022-0009. Investments are kept apart from the financings register and never counted in debt totals.
